Does the typical appraisal protect you from overpaying for a house? If it doesn’t, what would that mean for house prices in general? A study looked at a particular set of 8,533 houses that Fannie Mae foreclosed on from 2012 to 2015 and where two appraisals were done on each house. The first appraisals were
Real Estate
Humble, affordable homes will be at a premium as first-time homebuyers compete with downsizing baby … [+] boomers. Universal Images Group via Getty Images We have become disenchanted with “do-it-yourself” and discount brokerages, we don’t want fixer-uppers and we really don’t want very large houses that are in less than ultra prime condition. These are
photo: Getty If you’re like me, you’re contemplating the best ways to invest your money in 2020. After all, the stock market might not be the best option, after a 10-year bull run and global trade tensions. But, from my vantage point as a real estate startup founder, there are real estate trends that are
photo: Getty The prospect of a contentious presidential race looms as the calendar flips to 2020. What’s more, the uncertainty of an election year often leads to a dip in the economy. Although most people I’ve spoken with feel good about the current dynamics of the financial system, there are already concerns about what lies
Buyers have long since ceased making offers on properties they perceive as overpriced. Although many … [+] sellers still find this hard to accept, others have learned that a property priced to market can actually sell promptly, with several offers. Getty As the fourth quarter of 2019 moves toward a close, the peaks and valleys